Coca-Cola Bottling jumps 10% in a week, has soared 265% in 5 years

Coca-Cola Bottling jumps 10% in a week, has soared 265% in 5 years2017-05-282017-05-30https://businessnc.com/wp-content/uploads/2016/04/BNC-New-Masthed_grey-web-1000X200-e1465586511998.pngBusiness North Carolinahttps://businessnc.com/wp-content/uploads/2016/04/BNC-New-Masthed_grey-web-1000X200-e1465586511998.png200px200px

Is it more lucrative to make the syrup used in Coke, or bottle and distribute the stuff? The answer is pretty clear over the last five years. Shares of Charlotte-based Coca Cola Bottling Consolidated have gained 265%, while Coca-Cola Co. has increased 17%, excluding dividends.

Coke Consolidated was the best performer in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended May 26 among companies with shares trading for at least $10.

Best performers:

Coca-Cola Bottling Consolidated (COKE) — 10.4% — $225.67 – CEO Frank Harrison and his family control 86% of voting power at company, which has market value of $2.1 billion. The company announced plans for new 135,000-square-foot expansion at its Greensboro plant.

Benefitfocus (BNFT) — 7% — $32.95 – Charleston, S.C.-based software company enables clients to manage benefits online. Seven of 10 analysts rate the company as a buy with average price target of $39.